3. Getting veMGPT voting power

Get ready to participating in the MoveGPT

MoveGPT is using innovation model to keep the best user experience. To participate IDO in MoveGPT, users need to have veMGPT to achieve one of MoveGPT tiers.

How to get veMGPT and what is the point of locking in MoveGPT?

veMGPT is what you received after locking MGPT for a certain duration.

veMGPT comes with a voting power depending on the MGPT amount and lock-up time.

The duration of the lock will differ. The maximum period of lock-up period is two years, as outlined below:

1000 MGPT locked for two years will receive one veNFT with 1000 veMGPT voting power

1000 MGPT locked for one year will receive one veNFT with 500 veMGPT voting power

Voting power is utilized to determine the VIP tier on MoveGPT's Launchpad and to distribute platform revenues among users.